The Safechaintoken is a hyper-deflationary utility token for the Safechainswap platform that is yet to launch. On the Safechainswap, you can swap any token easily. Meanwhile, its public presale is set for October 23.
Safechaintoken is creating a simple-to-use DEX on the BINANCE Smart Chain. With every transaction, 5% goes back to the holders. Another 5% is added to the liquidity pool to ensure organic growth. Safechaintoken is also building a dApp that will allow staking on the platform's token. By staking, you can earn more tokens over time and expand your portfolio.
The platform is best for the following:
- Both beginners and experienced traders.
- Investors who are looking to go into farming and staking.
- Investors who are looking to venture into a wide selection of tokens.
What is on the Safechaintoken Platform?
Safechaintoken ($SCT)
The design of the Safechaintoken makes it hyper deflationary with a token supply of 250 million. The token's growth will steadily rise in the future. The reason is that the demand for the token will increase over time, and supply will decrease.
Its private sale started on October 9. The public presale is scheduled for October 23.
Safechainswap
Safechainswap launch will take place in the fourth quarter this year. The platform is looking to be independent of other swap platforms. By doing so, more investors will hop onto the platform as it is more convenient.
The swap runs on Binance Smart Chain and builds on the concept of a liquidity pool. It does not require any registration or KYC process. When a transaction happens, the trade contributes to automatically generating liquidity.
Token Burn
Burning tokens are an essential process when it comes to cryptocurrencies. By burning tokens, the developers keep stable growth of the token by reducing its supply. Before the token launch, 10% of the total supply was burned. Another 10% of the total tokens go to the burning wallet, where they will be burned depending on time.
Weekly Giveaways
Safechaintoken is giving back to the community every weekend. The platform is hosting a community token giveaway. They have set up a bounty wallet to make sure that the giveaway tokens are always ready. As an active member of the community, you have a high chance of receiving tokens weekly.
The bounty wallet will also be used for trading competitions when exchanges list the token.
NFT Marketplace
Safechaintoken is bringing an NFT marketplace. On the market, users will buy special NFTs and trade them using the project's native token. The first NFT package by the platform will be Pokemon-related.
Static Reflection
The platform will reward the holders of the tokens for every transaction. Each transaction will bring a 5% reward to all holders, whose' allocation occurs equally. When a user holds Safechaintokens, the number of tokens they have increases with every transaction.
What makes Safechainswap different from other services?
Low Transaction/Swap Cost
Many exchanges charge high fees as a way to earn more from their users. When it comes to Safechainswap, there are no hidden fees or registration fees that the platform charges.
Simple to Use and Quick DEX
Safechainswap has a very simple-to-use interface that is suitable for both beginners and advanced individuals. Many crypto trading bots take a long time to process transactions. However, Safechainswap takes a short time to process transactions; hence is reliable.
Backed by a Hyper Deflationary Utility Token
The Safechaintoken is a hyper-deflationary utility token for the upcoming Safechainswap platform.
Staking and Farming
On the platform, you can lock a portion of the native token for a while. Stakers can earn rewards in the form of $SCT.
The platform also gives you a chance to earn more cryptocurrency. You can lend the native token and, in return, receive interest in terms of the governance token. The platform can also reward users with trading fees.
Add $SCT to Metamask
- MetaMask wallet and click Add Token button.
- Enter the contract address. (0xC3262500039696Ff8ef9830Fb422Ab32b15Bd366) Other details will appear automatically.
- Click on the Next button. Your balance will appear on the next screen. Click on the Add Token button to add tokens.
- That's it! $SCT is added to your METAMASK wallet.
Low Trading Fees: The Safechainswap platform has lower trading fees compared to other platforms.
Easy to Use: The platform has a straightforward interface that is easy to use even for newbies.
The platform is working with SolidProof. It is an auditing and KYC service provider. The project already underwent auditing to identify any risks in its code.
In the meantime, SolidProof is working with the team to confirm the group's transparency. Hence, the investors can rest easy knowing the project is legitimate.
Legit Project: The founder is fully doxxed, and you can find his LinkedIn and other social media accounts for verification. There is nothing fraudulent about this project.
Additional Earning Through Staking: The platform gives users a chance to stake and earn extra tokens on the platform.
Relatively New: The project is still new hence will take time before building a solid user base.
Token Distribution on the Platform
A company's initial coin offering (ICO) usually occurs before it has completed its project and helps pay for the expenses incurred by the founders until it launches. It is usually the case with larger projects.
Joining the upcoming presale will give users the best chance of getting the greatest return on investment.
- Liquidity: 40.909.050 $SCT
- Presale Tokens: 62.500.000 $SCT
- 25.000.000 $SCT (locked)
- Partnerships & Marketing: 18.750.000 $SCT
- Community Giveaways: 6.250.000 $SCT
- 27.233.266 $SCT already burned / 25.000.000 $SCT left to burn (locked)
A Look at the Roadmap
According to the roadmap issued by the platform, Q3 2021 was lined up with a buzz of activities. There was a website and social media launch scheduled. There was also a contract creation and verification scheduled for Q3.
Disclosure: This is a sponsored post. Readers are encouraged to conduct further research before taking any action. Furthermore, Crypto Adventure does not endorse any crypto projects cryptocurrencies listed, mentioned, or linked to on our site.
